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Xerox Releases Fourth-Quarter, Full-Year 2021 Results

For full year 2022, Xerox had $7.04 billion of revenue, up 0.2% year-over-year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Xerox Holdings Corporation announced 2021 fourth-quarter and full-year results and guidance for 2022. In the fourth quarter of 2021, Xerox reported $1.78 billion of revenue, down 7.9% year-over-year, or down 7.4% in constant currency. For full year 2022, Xerox had $7.04 billion of revenue, up 0.2% year-over-year, or down 1.4% in constant currency. Xerox’s Q4 adjusted operating margin was 4.8%, down 470 basis points year-over-year, and fiscal year 2021 adjusted operating margin was 5.3%, do...

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